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Dec 7, 2012 6:00am EST
say the slow down in nonfarm payrolls will reflect the effect of sandy. joining us this hour is bank of america merrill lynch global research senior research economist michelle mire and we'll talk through everything that's been happening through jobs and what to expect. but first, there is a developing story. an earthquake off the northeast coast of japan triggered a tsunami warning. the warning has been lifted, but it was a 7.3 quake. so far no reports of any injuries or damage. it was for the same area devastated by an earthquake and tsunami back in march of last year. we will continue to bring you any developments. in the meantime, steve has some of the morning's top other stories. >> let's start with the markets. asian stocks rallying to 2012 highs overnight. the nikkei edging lower after hitting a se hitting hitting a seven month closing high yesterday. european trading, shares seem to be fwllat. bundesbank announced it had cut its growth outlook for the country. in the u.s., the nasdaq snapped its losing streak yesterday with its first gain in five days. the dow was on pace for
Dec 7, 2012 6:00am PST
is that sandy had no substantive effect on the data. here are the numbers. unemployment down to 7.7%. the economy added 146,000 jobs, not great but good. a third of that came from the retail sector. 53,000 jobs added. professional and business services up 43,000. leisure and hospitality up. construction, though, lost 20,000 jobs. we should note that jobs numbers were revise d downward, though, for september and october. in september it was revised from 148,000 gain to 238,000. went from 138,000 to 132,000. this month, the 7.7 is a full point lower than where we were at this time last year. so what are we supposed to make of these numbers and does the november report provide us a real sense of where this recovery is right now? let's bring in the man we like to bring in every month, the chief economist for moody's analytics. mark, i have to start with this sandy impact. the labor department specifically put out a statement saying our survey response rates and the affects ee eed states. it did not affect estimates for november. do you believe that? >> i'm skeptical. i mean, new yorke
FOX News
Dec 2, 2012 1:00pm PST
, the jobs report is expected to be very dismal, about 75,000 net jobs. some of that is because of sandy, but housing market is rebuilding, it's recovering. that makes people feel more wealthy. this retail season is going to be very critical. it's going to tell us a lot. stocks could go up on that. we have some tail winds but right now there is a lot of question marks. >> gregg: brenda, we'll talk about sandy and impact on the economy in the next hour. you can catch brenda "bulls and bears", 10:00 a.m. right here on the fox news channel. >> heather: coming up, investigators finding the case of a new jersey train derailment. it left on the dangerous gases spewing into the air. an important week for the administration. president obama expected to start announcing picks for his new cabinet but with ambassador susan rice stirring up controversy who is in and who is out? our panel weighs in. can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a tr
FOX Business
Dec 5, 2012 1:00pm EST
. melissa: paying the price for hurricane sandy, fema asking for more money to foot the bill. how does the federal government plan to pay for this? lori: the social networking site moving up in the world. how investors could benefit the head. want to try to crack it? yeah, that's the way to do it! now we need a little bit more... [ male announcer ] at humana, we understand the value of quality time and personal attentio which is why we are proud to partner with health care professionals who understand the difference that quality time with our members can make... that's a very nice cake! ohh! [ giggles ] [ male annouer ] humana thanks the physicians, nurses, hospitalspharmacists and other health professionals who helped achieve the highest average star rating among national medicare companies... and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... whicmeans better health outcomes... and more quality time to share with the ones who matter most. i
FOX News
Dec 3, 2012 8:00am PST
improvement for the auto industry. how hurricane sandy might've helped the car business. that's coming up next. and that new information on a murder suspect found dead in an alaska jail cell. why police say this man, who once tried to escape from courtroom, may be linked to a least seven other killings. [inaudible] but she loved it so much... i told her it was homemade. [ clears his throat ] [ softly ] she's right behind me isn't she? [ male announcer ] progresso. you gotta taste this soup. jon: a fox news weather alert for you now. three back-to-back storms lashing parts of northern california this weekend creating quite a mess. in redwood city a huge tree completely knocks down a power line near one family's home. utility crews say this is why tens of thousands of people remain in the dark there. but the storm also producing a welcome sight. lots of snowy forecasters say actually helped contain many of the areas rising rivers. meteorologist maria molina live in the fox news weather center. >> jon, good to see you. that's right we saw a lot of heavy snow among higher elevations across portion
Dec 5, 2012 6:00pm EST
coming in the united states, sandy, in the philippines, central america, and so on. the catastrophe of climate change is already on us. we are now waiting for the next century. we are the children we are talking about, who are suffering from climate change. unfortunately, the talks that we see in doha are not reflecting the urgency that is required by what is happening out in the world. >> why? >> years ago there were countries who did not believe in the science of climate change. today, all countries believe in the science, but the fight is over who is responsible and who has to carry the burden of stopping emissions and halting climate change work happens. here we have in doha developed countries not living up to their promises, legal commitments. >> what are these commitments? >> there are a few times. one, they would take the lead in cutting emissions. because their emissions have been very high in the past and they have grown rich because they were able to emit and live off cheap oil and coal. secondly, they had committed to helping developing countries to take action, through
Dec 8, 2012 12:00am PST
than expected in the wake of hurricane sandy and fiscal cliff anxiety. >> so it looks like sandy will not affect the numbers even after revisions. >> reporter: georgetown's harry holzer, former chief economist for the labor department. >> in terms of the fiscal cliff, so far we are not seeing any big impact. >> reporter: not even an impact on retail which, for all the talk of online supplanting bricks-and-mortar buying, added 53,000 jobs last month-- much of it holiday hiring, no doubt-- but a healthy 140,000 overall increase in the past three months. not all the new numbers were festive, however. construction shed 20,000 jobs, though perhaps influenced by sandy. manufacturing dropped 7,000. grinchier still, job growth in september and october was revised down by 49,000 jobs. and for all the talk of a lower unemployment rate, its explanation seemed to be that several hundred thousand more americans stopped looking for work in november and were counted out of the labor force. again, economist holtzer. >> this month's change was driven completely by the fact some people stopped loo
Dec 4, 2012 4:00am PST
sandy. and mitt romney bounces back with a new job. ashley morrison here in new york with that. >> asian markets saw a mixed day. tokyo's nikkei dropped a quarter percent while hong kong's hang seng added a fraction. >>> a report showing a decline in manufacturing sank stocks on wall street. the dow fell 59 points while the nasdaq lost eight points. >>> hurricane sandy gave a boost to the auto industry. analysts say it added up to 30,000 sales last month with as many as 30,000 vehicles needing to be replaced. the big three auto makers all posting gains in sales. general motors up 3%. ford 6.5%. and chrysler sales increased 14%. >>> drug maker pfizer is preparing to cut back its work force. the layoffs will target sales representatives who market drugs to doctors. pfizer is facing increased competition from generic drugs, particularly from the generic version of its cholesterol medication lipitor. >>> mitt romney may not have gotten the job he wanted when he lost the presidential election, but he's going back to work. romney will rejoin the board of marriott international. he's held the s
FOX News
Dec 5, 2012 8:00am PST
,000 jobs last month. economists were expecting more than that. at some point through superstorm sandy and how that may have impacted the results in the northeast or the adp report is seen as an indicator for jobs report. we were given new unemployment rate that i can share with you. greg: citigroup says it is cutting 11,000 jobs. about 40% of the global workforce. this they are expected to save $1.1 billion per year, and is the first major action since the banking giant named a new ceo. the group is not saying exactly how many of these lost jobs will be here in the united states are you with that they plan to close 44 branches. we do pretty big news from citigroup. republican leaders calling on obama to sit down for a face-to-face negotiation on the fiscal cliff. this is just weeks ago before the deadline. right now, as you know, there is still no deal. those sites are still hundreds of billions of dollars apart. mike emanuel has more. reporter: hello, jenna. speaker john boehner says the republicans made a good-faith effort to avert a fiscal crisis. they say essentially this is now t
FOX News
Dec 3, 2012 6:00am PST
's assassination nfl games were played and after hurricane sandy games were played. this is unsurprising behavior. bill: they played and they won which has been not so often this year. martha: as everyone tries to sort this story out, for the first time we are hearing the audio of the police communications between first responders at the scene as this tragedy unfold. some of this is understandably disturbing. >> code one, number 1 air ahead drive. martha: what an awful story this is. we know miss perkins later died at the hospital. more on this story as we continue. bill: there has been growing concern about concussions in the nfl. back in 2012 players suffered 127 to date. the league has seen the number of players grow from 2004 to 2010. and not just football. conditions happen in the u.s. each and every year. martha: belcher is not the first nfl player to recently take his life. junior say oh and dave diewr on both died of self-inflicted gunshot wounds. we'll talk to jim coming up in the next hour. >> 6 minutes past the hour. former president george herbert walker bush waking up in a houston ho
Dec 7, 2012 5:00am PST
month compared to october. the fallout from hurricane sandy is continuing to disrupt businesses and their hiring and fear of the fiscal cliff is keeping employers from bringing on new workers. they don't know what future tax rates will be and if they can afford more hiring. but on capitol hill democrats are trying to highlight the positives. >> we had a little problem because of what happened with hurricane sandy but we'll still have about 100,000 new jobs. >> reporter: the report comes out in just 15 minutes. we'll show you who is hiring and who is not. reporting live from washington, d.c. alison burns ktvu channel 2 news. >>> time now 5:15. fundraising records were shattered by both president obama and mitt romney during their campaigns. they raised more than $2 billion. campaign finance records show the president raised $1.1 billion for his reelection effort. his republican challenger mitt romney was close behind. $1.1billion. now the record setting amounts don't include the hundreds of millions sent by super packs on ads. >>> it was called the zombie apocalypse. why this sim
Dec 6, 2012 6:00am PST
his own people and governor chris christie asking the feds to pay 100% for the damage left by sandy. "newsroom" starts now. >>> good morning. thank you so much for being with us. i'm carol costello. we begin this morning in washington where the halls of congress are a little quieter now that house members have gone home for the weekend. the break comes with 26 days to go until the fiscal cliff deadline and after president obama and house speaker john boehner spoke again by phone but failed to reach a deal. boehner says revenues can be on the table just not in the form of tax hikes on the rich. treasury secretary timothy geithner says that just won't work. >> there's no point to an agreement that involve the rates going up on the top 2% of the wealthy. it's only 2%. >> geithner went on to say that he's fully prepared. the obama administration is fully prepared to go off that fiscal cliff if republicans don't agree to tax hikes on the wealthiest americans. let's bring in congressional correspondent kate bolduan. the white house won't budge on taxes. the republican led house takes a br
Dec 6, 2012 9:00am PST
of the hour, and also, this story. a brave young boy who lost his home and his school in hurricane sandy. well, he is now talking about coping with life. >> when something brings you down, you got to get up. >> you okay, buddy? >>> one family is doing more than a lot after the tragedy that destroyed tens of thousands of homes on the east coast. [ wh] where do you hear that beat? campbell's healthy request soup lets you hear it... in your heart. [ basketball bouncing ] heart healthy. great taste. mmm... [ male announcer ] sounds good. it's amazing what soup can do. [ woman ] ♪ what i want this season ♪ if you'd like to try and guess ♪ ♪ it is something very special ♪ i would readily confess [ dogs barking ] ♪ 'cause all i want this season ♪ ♪ is something from your heart ♪ la da da, la da da [ male announcer ] thinking of others this holiday season, travelers. anne's tablet called my phone. anne's tablet was chatting with a tablet in sydney... a desktop in zurich... and a telepresence room in brazil. the secure cloud helped us get some numbers from my assistant's pc in new yor
FOX News
Dec 3, 2012 3:00am PST
of the acceptance in the united nations. the u.s. rejected the decision. a hurricane sandy victim surprised with a new genority. >> there is not a word in the dictionary to express my appreciation and openance at this moment. that is 95 year old pete who was living without heat or water and power. a contractor saw the story and rebuilt the house from top to bottomment >> he didn't know me from adam and look. see what he did. he's wonderful. >> the contractor said he plan to help more storm victims rebuild their lives. >> finally a happy ending. >> should illegals get a break on in state tuition on the backs of legal students. outrage from constitients forced one to fight back. >> steve: how can you make your relationship work? the answer is right under your nose? what does that mean? we'll explain straight ahead. >> our next gests said it is it not fair to taxpayers and wanting to resprerse that policy. massachusetts governor duval patrick. how important is it now. james lyons. representative, why does this bother you so much? >> it is it sending the wrong message. the governor is forcing t
Dec 4, 2012 7:00am EST
the style section of "the washington post" this morning. also in the aftermath of super storm sandy, here is "the new york post" this morning -- below that is a story with the headline -- our coverage today will continue, a review of fema's prepared this in the aftermath of hurricane sandy. that hearing will be live on 10:00 a.m. on c-span3 this morning with the fema administrator. back to your phone calls. a democratic caller, good morning to you. caller: yes. good morning. i just have a few things to say. the government could put a freeze on a lot of things. if they puts a freeze on these things, i would give the peopl e time to spend money. also, they are talking about medicare. i don't understand why medicare has to be a big thing. i pay medicare every month. $100 comes out of my check for medicare. i am not understanding why medicare is such a big problem when we have paid into medicare. the government is not giving us anything. that is all i wanted to say. host: the front page of "the washington post" -- itss about aarp anand lobbying efforts. that is an "the washington post" today
Dec 8, 2012 7:00am PST
. >> the president is asking congress for more than $60 billion to help with sandy recovery efforts. he made the request friday on behalf of the state's hardest hit by the october storm. in a joint statement the new york governor and new jersey governor said the money would hen the states rebuild as well as help protect them from future storms. >>> the president of the philippines declared a state of emergency after visiting some of the hardest hit areas by the typhoon. helicopter footage shows the damage. the storm wiped out entire villages of 600 people dead and another 600 still missing. officials say that rescue operations have suffered a set back mostly because the survivors are just to shocked to help. there is also concern of food and water. >> yesterday marked the anniversary of pearl harbor and many paused to remember that day. in hawaii there was a moment of silence followed by a fly over at the time when the bombing started. the surprise attack by the japanese killed 2400 people and was the start of the united states involvement in world war ii. >>> in alameda pearl harbor surviv
Dec 7, 2012 3:00am PST
not only because of the election, maybe firms sitting on their hands but superstorm sandy. still, guys, the number much better than expected. few tuesday, which were down right before the numbers hit, turned around. they are now higher fractionally so a big turn for stock futures and better than expected jobs number for november. i can dig in more once i get to the website. but those are your headline numbers. better than expected. >> gillian, better than expected. a lot of people blamed hurricane sandy again but that's encouraging. >> i have two economists, a liberal, who both said it was going to be somewhere between 80,000 and 100,000 jobs -- say that go sandy was worth 80 -- negatively 80,000 to 100,000. you take 146,000 and this could have been a 200-plus number. >> it's interesting because it ties in with consumer data we've been seeing which actually, you know, is not great. it's not buoyant, but it's not bad. and you look at the fact what american households have been doing recently with debt and the degree of debt they've been repaying, sort of deleveraging. you add it togethe
FOX News
Dec 2, 2012 4:00pm PST
in a state left devastated by superstorm sandy, but this one man made. a train carrying toxic car ge goes off the track and people forced from their homes for days now, and now, another setback in the cleanup efforts. and also, we've all seen our fair share of silly criminal stories, come on admit it, they never get old. and why this pair of ban did i understand could take the cake. >> i think this'll be on world's dumbest criminals, they came in here unequipped and unprepared and ended up leaving their vehicle here. tdd#: 1-800-345-2550 let's talk about low-cost investing. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 operating expenses tdd#: 1-800-345-2550 in their respective tdd#: 1-800-345-2550 lipper categories. tdd#: 1-800-345-2550 lower than spdr tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and even lower than vanguard. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 that means with schwab, tdd#: 1-8
Dec 9, 2012 8:00am EST
sandy's cleanup in all states. the request comes in the midst of a tough fiscal cliff fight and house speaker john boehner says they will review the request by the president. new york and new jersey originally asked for a combined $79 billion in aide. the states' governors say they are grateful for any help. >>> the supreme court taking up the controversial issue of gay marriage. the high court agreed to hear two important cases, prop 8 out of california and doma out of new york. a federal court recently overturned prop 8 after the measure passed by voters. the court will decide if doma violates the fifth amendment of equal protection under the law that applies to same-section couples legally married in other states. >>> today is a very happy day for same-section couples in washington state. it is the first day they can marry under the new law, legalizing gay marriage. couples began lining up for licenses early thursday morning. some courthouses opened up at midnight for the ceremonies to take place. several local judges also donated their time to marry the couples. ceremonies are exp
FOX News
Dec 4, 2012 6:00am PST
that lights when it nears you.♪ ♪and you will be happy too. martha: we have sandy on the east coast and now you've got yet another powerful rainstorm that is bearing down on northern california. in fact this is the area's fourth big storm in less than a week. can you imagine? can you imagine? the severe weather is causing damaging floods there and prompting massive sinkholes to open up in two separate communities. listen. >> oh, my god. we're lucky we are alive. >> i lost half my pictures, man. >> it don't have to happen to me twice, i'm out of here. martha: what is going on in the world, mother nature reeking a lot of havoc. claudia cowan is live. these storms have left their mark on the bay area. >> they really have, martha, we had a bit of a break in the weather yesterday. that gave work crews out here in laugh tpaoeuette a jum hereinaftehere here a jump start to fix this. it will take months to fix this giant sinkhole that opened up and sunday, it is 80 feet long, 15 feet deep. folks who live along the street will have to find ways to detour around it probably until next spring. a creek
Dec 5, 2012 11:00am PST
fewer than the 171,000 that were added in october. a lot happened last month. superstorm sandy, labor turmoil at hostess and business uncertainty because our elected officials won't get their act together and deal with the fiscal cliff. brace yourself for a job number that could be even lower than the already weak forecast. i hope i am wrong about that. from the cnn money newsroom in new york, i'm ali velshi. that's it from me. same time tomorrow. i plugged in snapshot, and 30 days later, i was saving big on car insurance. with snapshot, i knew what i could save before i switched to progressive. the better i drive, the more i save. i wish our company had something this cool. you're not filming this, are you? aw! camera shy. snapshot from progressive. test-drive snapshot before you switch. visit today. plays a key role throughout our lives. one a day men's 50+ is a complete multivitamin designed for men's health concerns as we age. it has 7 antioxidants to support cell health. one a day men's 50+. it has 7 antioxidants to support cell health. social security are just nu
Dec 9, 2012 7:00am EST
hurricane sandy. most of the focus is on the immediate recovery, it includes $13 billion as a downpayment towards longer-term payments to protect against future disaster. the question this morning is, as the president begins on his second term, john is joining us from illinois. caller: i will distract a little bit. i hear so much talk about cutting entitlements. we never hear about over spending government waste. cutting some of the money that we need a in order to serve our country. why can we ever hear about where money is going that it should not go like research for monkey science. that is my comment. host: thank you for the call. john on the republican line. caller: i just wanted to say i think the number one priority -- the biggest thing we are seeing in the business world, small businesses are not able to borrow money to expand it. no help from the banks whatsoever. we had to go to independent leasing program. i do not understand why president obama is the president everybody thinks he is. why is he not helping with small business that is so important to the united states? we are g
Dec 4, 2012 3:00am PST
the economic impact of hurricane sandy at $40 billion. >> can you believe that? $40 billion. it's astounding, every day the suffering continues. >> governor chris christie is expected to come to washington to press his case. both christie and andrew cuomo are asking for full compensation. the white house is expected to ask congress for more money to cover the cost of disaster response and recovery from the storm. and helping to boost auto sales, giving the industry its best numbers in four years. analysts are optimistic the trend will continue as cars on the road, age and need replacing. ford plans to up its production by 11%, convinced that consumers will continue to buy and as we know have been on the cutting edge of growth. they really have. >> we have senator coburn, form er national security adviser dr. brzezinski and senator claire mccaskill. >> that's a great show. ♪ you are my sunshine, my only sunshine ♪ ♪ you make me happy [ female announcer ] choose the same brand your mom trusted for you. children's tylenol, the #1 brand of pain and fever relief recommended by pediatricians
Dec 4, 2012 12:00pm EST
-up on something else. hurricane sandy. governor cuomo acting for the other governors, as well as to assemble a package of about $83 billion. have they made that proposal to the president, or is it just to the budget directers, and will there with a supplemental coming from the administration this week? >> well, yesterday, governor cuomofuls here -- cuomo was here to discuss activities remitted to -- related to hurricane senators and met with other members of the president's teamment on the issue of the supplemental, we expect to discuss the ongoing support that the federal government continues to provide for effective communities and our state and local partners. the administration obligated more than $2.1 billion to support response efforts including $1 billion approved in direct assistance to hundreds of thousands of individuals affected by the storm. we're working closely with the partners in states and in congress, but i have no more details for you at this time. all right. >> you and the president described the use of chemical weapons of syria as a line not to be crossed without incurri
Dec 7, 2012 12:00pm EST
and the unemployment rate fell to 7.7%. that's the lowest since december of 2008. the government says hurricane sandy had only a minimal effect on the numbers. although the weather prevented 369,000 people from getting to work, they were still counted as employed. >>> singer-songwriter james taylor will be at the national press club here in washington today. he will talk about election shun reform. c-span will have it live beginning at 1:00 eastern. at 7:00 eastern c-span will be live with a discussion on skilled immigrants. virginia senator mark warner is talking about a bill that will allow more highly killed immigrants into the united states. it will be hosted by the university of virginia. >>> we've had explosions of knowledge in medicine but we've not coordinated care. all these services we have end up having so many cracks that the cracks are as harmful as the diseases that we're treating and you got to step back and ask, you know, are we hurting people over all, i mean on a global level? what are we doing sometimes? and of course now we've got the institute of medicine report saying 30% of eve
Search Results 0 to 29 of about 30 (some duplicates have been removed)